Denniserenew

Ohwv What the other papers say this morning
Sunday 10 August 2014 8:58 pm|Updated:Friday 07 June 2019 2:19 amFormer BG 8200;boss Chris Finlayson joins US 8200;firm InterOilBy: Suzie NeuwirthShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleFormer BG Group chief executive Chris Finlayson has been hired as the chairman of InterOil, the New York-based oil and gas firm said yesterday. Oil industry veteran Finlayson stepped down from FTSE 100-lis brumate cooler ted BG Group in April after little more than a year in the role, in the wake of missed production targets, profit warnings and project delays. It was rumoured that he clashed with chairman Andrew Gould over tactics to put the oil and gas company back on track.Prior to BG Group, Finlayson worked at rival Royal Dutch Shell for 33 years, rising to senior roles including executive vice president and managing director.  Finlayson will replace Dr Gaylen Byker at InterOil, which operates in Papua New Guinea, located in the Pacific Ocean. The company owns licences in the Elk-Antelope discovery, a major natural gas project that it is developing with Francersquo  Total and local energy explorer Oil Search.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCat stanley in uk egoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be canc polene bag elledJet fuel shortage looms as government sc Adwt SAB in tie-up with Efes
Tuesday 20 September 2011 9:32 pm|Updated:Thursday 30 May 2019 10:53 pmInsurance chief secures hefty fees if Omega bid turns sourBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleMARK Byrne, the former reinsurance executive who has launched a bid for 25 per cent of the Lloydrsquo  of London insurer Omega, will be entitled to a pound;2m payment if the company terminates his employment within 12 months of any change of control stanley uk .The entrepreneur will be on a rolling contract as executive chairman of Omega, which will have a 24 monthsrsquo; notice period with a bonus equal to 200 per cent of his pound;400,000 annual salary.When Byrne, who would be investing pound;50m in Omega, left the reinsurance group Flagstone in December he went with a $2.2m pay-off and the firm paid $91.9m to buy out his shares.Byrnersquo  offer to buy 25 per cent of Omega at a maximum price of 83p a share faces competition f stanley canada rom a possible full all-cash offer, again at 83p, from the insurance group Canopius.Much hangs on the decisions of Neil Woodford of Invesco, whose funds hold 29.9 per cent of Omega. Canopius is expected to discuss the matter with Woodford over the next few days. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: Sectio stanley cup nsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest